Does anyone know if it's possible to export an I-Configure project from 2016 to I-Configure 2012? I have a project setup I just did for a new project that I would like to bring over to an older CADWorx 2014 project that was using Project Manager previously, and would use I-Configure 2012.

Do you want to use I-Configure or Project Manager ? You can export the style and this will create the older FLS, MLD, POD, ALT etc files.

You can then browse and select that style when running from 2014.

For I-Configure, you should be able to create a backup in 2016, then restore the backup in 2012. I see now reason why it would not work.